Criminal defense lawyer Nanci Clarence had just pulled on her wetsuit for a day of surfing at San Francisco’s Ocean Beach on March 4 when the lead prosecutor in the Reliant Energy Services Inc. market-manipulation case called to say the settlement was on the rocks.

In 2004, Houston’s Reliant Energy became the only corporation criminally charged with fraud and market manipulation in the aftermath of the California energy crisis of 2000. The indictment of the company and four of its traders became the biggest white-collar case in the San Francisco U.S. Attorney’s Office.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]